CVR Refining Insiders Bought In at IPO

Insiders including Icahn Associates bought $109 million in units.

CVR Refining is a newly public limited partnership and insiders bought deeper stakes as part of the initial public offering. On Jan. 22, 14 insiders including Icahn Associates bought 4,369,000 units of CVR Refining for $109,225,000, at the IPO price of $25 each.